Whether reports have to be created anonymously and sent to the operations manager? Introduction/Case Summary: Rockingham is a company specialized in producing different types of toys. The company is a well reputed company for producing safety and good quality products. However, the company has made several manufacturing changes over the past, and also several changes in product safety guidelines. Further it is also evident, the quality control team had been working long hours to troubleshoot the new production process. The assistant quality control manager, Harrigton is aware of numerous changes in product safety guidelines that he knew would affect the production of toys .However, his boss who was responsible for all these issues did not take any actions to implement the safety guidelines in order to ensure and maintain its unique reputation. Therefore, it is vital Harrington that prepares a reports anonymously to Golopolus’boss summarizing the guidelines and requesting the need for authorization to implement.

Question

Rodriguez Furnishings manufactures and sells home decor items. A decorative wall sconce has a total cost of $95 per unit, of which $65 is product cost and $30 is selling and administrative expenses. Additionally, the total cost of $95 consists of $75 variable cost and $20 fixed cost. The target profit is $40 per unit. Determine the markup percentage on product cost.

Answer 1

Question

Chapter 7, Problem 3ED

Summary Introduction

To determine:

Whether reports have to be created anonymously and sent to the operations manager?

Introduction/Case Summary:

Rockingham is a company specialized in producing different types of toys. The company is a well reputed company for producing safety and good quality products. However, the company has made several manufacturing changes over the past, and also several changes in product safety guidelines. Further it is also evident, the quality control team had been working long hours to troubleshoot the new production process. The assistant quality control manager, Harrigton is aware of numerous changes in product safety guidelines that he knew would affect the production of toys .However, his boss who was responsible for all these issues did not take any actions to implement the safety guidelines in order to ensure and maintain its unique reputation. Therefore, it is vital Harrington that prepares a reports anonymously to Golopolus’boss summarizing the guidelines and requesting the need for authorization to implement.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

Rodriguez Furnishings manufactures and sells home decor items. A decorative wall sconce has a total cost of $95 per unit, of which $65 is product cost and $30 is selling and administrative expenses. Additionally, the total cost of $95 consists of $75 variable cost and $20 fixed cost. The target profit is $40 per unit. Determine the markup percentage on product cost.

Lexi Inc. has a single product, whose selling price is $250 and whose variable cost is 72% of sales price. The company’s monthly fixed expenses are $60,000. Assume a 40% tax rate. Required: 1. Using the equation method, compute the unit sales that are required to earn a target before-tax profit of $20,000. (Round your intermediate calculations and round up your final answer to the next whole number.)2. Using the contribution margin approach, compute the dollar sales that are required to earn a target before-tax profit of $25,000. (Round your intermediate calculations to nearest whole dollar amount.)

Do not copy from another same ques answer, I need different one. Give image, table, graph with source, this full ques within 2500word TASK DESCRIPTION Successful brand extensions allow companies to diversify their offerings and increase their market share. Brand extension will provide any company a competitive advantage over its rivals that do not offer similar products. You are expected to select a live/real organisation which is suitable to the task and launch a new product/service. Please discuss with your lecturer your choice before proceeding. For your Portfolio you need to complete the following tasks: 1. 2. Develop a new brand extension for the organisation you have selected for one of their product/service. Determine segmentation, targeting and positioning for the new brand extension. 3. Develop a detailed customer personal profile for the new brand extension, including demographic and psychographic information. 4. Develop the marketing mix strategies for the new brand…